Propane CIF NWE

Fri, 09 Dec
Quantum code

This cash price reflects the value of propane cargoes delivered CIF Northwest Europe, basis North Sea 10-25 days forward from the date of publication. Other ports will also be taken into account for the assessment. This product is a liquefied petroleum gas typically used in heating and as a petrochemical feedstock. It is assessed as a flat price. The balmo and monthly assessments are Quantum's assessed value of swaps contracts that are financially-settled against Argus Media's average monthly assessment published on the calendar month in question. The swaps assessments roll monthly on the 1st of each month.

Currency and unit of measure: $/mt

Incoterm: CIF

Quantity: 8-23kt

Time of assessment: 16:30:00 Europe/London

Publishing frequency: Daily

Spec: Refrigerated cargoes

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